Trump Economist Predicts Fuel Costs Plummet With Iran Deal

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Published: 1 hour ago

NEC Director Kevin Hassett suggests potential Iran deal could cause energy prices to plummet, creating conditions for Fed rate cuts under new chair Kevin Warsh. He points to positive inflation trends as supporting factors. USD pairs could face volatility as lower energy prices may accelerate Fed dovish pivot. Oil-sensitive currencies like CAD and NOK may weaken on energy price decline expectations.

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